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tit -A —REAL ESTATE MORTGAGE (With Tax Clause) Rev. 78 Huffman and Felton & Wolf Walton Na 68461 <br />KNOW ALL MEN BY THESE PRESENTS: That Alan Brown and Judy Brown 1057 <br />4 <br />of Hall Coup and State of Nebraska { <br />County, , in consideration of the sum of <br />Eighteen Thousand One Hundred and no /lUO---------- - - - - -- DOLLAR <br />in hand paid, do hereby SELL and CONVEY unto GRAND ISLAND INVESTMENT CO. _ <br />Hall Nebraska <br />Of County, State o[ the following described premises situated i <br />in Hall County. and State of Nebraska to-wit: <br />Lot Six (6), Block Two (2) Farmington Second Subdivision of Hall County, <br />Nebraska <br />r <br />i <br />i <br />The intention being to convey hereby an absolute title in fee simple. including all the rights of homestead and dower. <br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging, unto the said <br />mortgagee(s) and to his, her or their heirs and assigns forever, provided always, and these presents are upon the express <br />condition that if the said mortgagorist, his, her or their heirs, executors, administrators or assigns shall pay or cause to be 1 <br />paid to the said mortgagee(s), his, her or their heirs. executors, administrators or assigns. the principal sum of $ <br />payable as follows, to wit: <br />35 monthiy payments of $24U.OU beginning November 1, 1986 <br />Balance due October 1, 1989 in the amount of $14,493.66 <br />with interest according to the tenor and effect of the mortgagors written promissory note bearing even date with these presents <br />and shall pay all taxes and assessments levied ulxm sod real eAate, and all other taxes• levies and assessments levied upon this <br />mortgage or the note which this mortgage ix given to secure, before the same becomes delinquent, and keep the buildings on <br />said premises insured for the .um of $ 18 ,100. 00 loss, if any, payable to the said mortgagee, then these present. <br />to be void, otherwise to be and remain in full force <br />IT IS FURTHER AGREED (1) That if the said mortgagor shall fail to pry such taxes or procure such insurance, the <br />said mortgagee may pay such taxes and procure such insurance: and the sum so advanced• with interest at per <br />cent, shall he repaid by said mortgagor, and this mortgage shall stand as security for the same. (2) That a failure to pay any <br />of said money, either principal or Interest. when the same becomes due• or a failure to comply with any of the foregoing <br />agreements, shall cause the whole sum of money herein secured to become due and collectible at once at the option of the <br />mortgagee <br />Signed this 1 day of October 19 86 <br />l J - <br />f <br />' tics. <br />STATEOF . ...` Nbraska Hall <br />County of .... . <br />' October 1 8b r <br />The foregoing instrument was acknowledged before me .......... . ..........................19 .... . <br />by Alan Brown, Judy Brown <br />(.� ........ .... <br />�M1�•�1aaalrrhsals .; .. . <br />y Signature of Person Ta.kin Inowledgment <br />w�la4M L g <br />Title <br />+ OF Entered on numerical index and filed for record <br />!. County in the Register of Deeds Offiitr of said County the <br />day of 1t1 at ii clock and minutes M., <br />and roo ordnd in hook of at paste <br />Rep of I N %l% <br />I3y Deputy <br />Pa , <br />